Financial
Distress signals
Property profile

24 S Main St London, OH 43140

FOR SALE
Office buildings
Property ID
US66-1824570
3,089 SF 0.07 ac lot Built 1920
Last sale Jul 2018 · $172,500
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

24 South Main Street is a downtown London commercial retail storefront property located within the Historic District. The building contains approximately 3,089 square feet and has hardwood flooring throughout, with abundant natural light provided by skylights and large storefront windows. Renovations include a full gut and renovation in 2012, along with roof and furnace replacements completed within the past decade. Interior features include ceiling fans and an installed sound system and security features. The property has street parking availability nearby.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$850
Tax billed · 2023
Assessed value$20k
Assessed land$4k
Assessed improvement$15k
Effective rate4.33%

Value estimate

· Sep 2026
$165k
$149k – $182k
AI approach$155k
NOI build-up
Gross scheduled income$18k
Vacancy & credit loss−$650
Operating expenses−$5k
NOI · 3.61% cap applied$12k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$73/SF
County average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$47 – $94
Qualifying comparables5

Cap rate analysis

How does the asset earn?
3.61%
$12k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMADISON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.6
Auto Parts Store12.5
Spa & Massage11.4

Location

24 S Main St London, OH 43140
County assessor Recorded deeds · 6 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
78 Main, London, OH 43140-1212 $238,000 Apr 2024 3,314 SF
50 Main, London, OH 43140-1212 $193,050 Nov 2023 3,484 SF
52 Main, London, OH 43140-1212 $193,050 Nov 2023 3,888 SF
50 State Rte 56, London, OH 43140 $67,500 Nov 2023 3,616 SF
17 Main, London, OH 43140-1243 $125,000 Mar 2023 3,990 SF
63 Main, London, OH 43140-1242 $315,000 Apr 2022 3,835 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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